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» Chronological View: " Central Europe " «

Neska rents in the Port of Düsseldorf

In December 2017, Neska moved into a 10,500 m² logistics hall, with 600 m² of office space and a 600 m² mezzanine in the second construction phase of the logistics park developed by Panattoni in the Port of Düsseldorf. Panattoni Europe finished the second construction phase of the area with 32,000 m² of modern logistics space...
Wednesday, 17. January 2018

Novum and Merkur Development build third „Niu“ hotel in Stuttgart

Novum Hospitality and Merkur Development Holding GmbH have started construction work on a third „Niu“ hotel in the Fasanenhof district (Vor dem Lauch 16) of Stuttgart. 144 hotel rooms and 110 serviced apartments, with a total BGF (≈GEA) of around 10,500 sq m, are to be constructed. Completion is scheduled for autumn 2019. The...
Wednesday, 17. January 2018
Munich: Commerz Real sells to Conren Land and acquires from MCAP Global Finance

Munich: Commerz Real sells to Conren Land and acquires from MCAP Global Finance

Commerz Real has sold the „Machtlfinger Höfe“ office ensemble in Munich to Conren Land. The real estate investment company acquired the property on behalf of a private family. In parallel to the sale of the office ensemble, Commerz Real has acquired the Bauhaus-Areal (MKV property) on Landsberger Strasse 161-179, which since ...
Wednesday, 17. January 2018

Diamona & Harnisch lets 1,600sqm to Edeka in Berlin

The Berlin-based property developer Diamona & Harnisch just signed a lease with full-line food retailer Edeka for a retail unit of around 1,600 square metres at Genthiner Strasse 40 in Berlin-Tiergarten. The transaction brings the occupancy of the commercial retail floor area at the „Genthiner40“ construction project up to 10...
Wednesday, 17. January 2018
JLL appoints Peter Nitschneider as Country manager

JLL appoints Peter Nitschneider as Country manager

JLL has appointed Peter Nitschneider as Country manager of its Slovak business, based in Bratislava, with effect from 1 January 2018. Nitschneider joined JLL in 2006 to help to co-establish the office in Bratislava and to lead its valuation and advisory business in Slovakia. During this time he has spearheaded the expansion a...
Wednesday, 17. January 2018

Patrick Walcher to head LBBW’s Commercial Real Estate Financing division

LBBW’s Commercial Real Estate Financing division has a new head. At the start of the year, Patrick Walcher assumed responsibility for Real Estate from Thorsten Schönenberger, who has been made LBBW’s Director of Real Estate and Project Finance in the previous year.
Wednesday, 17. January 2018
Skanska sells two office buildings in Krakow

Skanska sells two office buildings in Krakow

Skanska has sold the first two buildings of the High5ive office complex in Krakow to the real estate fund manager Niam for €75 million (about SEK 720 million). The transaction will be recorded by Skanska Commercial Development Europe in the fourth quarter 2017, with the transfer of the property scheduled for the second quarte...
Wednesday, 17. January 2018

North Fish joins tenants of Ogrody Shopping Centre in Elbląg

North Fish, a restaurant chain specialising in fish and seafood dishes, is to open a new restaurant at the Ogrody Shopping Centre in Elbląg. The 75-square-metre restaurant will open its doors in spring. Cushman & Wakefield, the property manager of the scheme, has brought the tenant to Ogrody.
Wednesday, 17. January 2018

Investment volume on German logistics property market sets new record in 2017

The German logistics property market has set a new record this year, according to the latest analysis by Realogis. With several deals still expected to close before the end of this month, the Realogis investment team estimates that the final investment volume for this year will be up to €8 billion. The rise of 77.7% compared ...
Wednesday, 17. January 2018
Panattoni Europe appoints Karel Klecka as Director of Capital Markets

Panattoni Europe appoints Karel Klecka as Director of Capital Markets

Panattoni Europe develops its capital market structures. The team has been joined by Karel Klecka, who assumed the position of Director of Capital Markets Czech Republic and Slovakia. He will be responsible for ensuring the optimal cooperation between Panattoni and its capital partners and investors in logistics real estate i...
Tuesday, 16. January 2018

Berlin Hyp and Erste Group finance Immofinanz portfolio with €205m

Berlin Hyp and Erste Group Bank have jointly provided Immofinanz AG a five year secured loan in the amount of €205 million. The Syndicate is providing Immofinanz a “one stop” portfolio-refinancing for their office portfolio in Warsawa and is thus replacing seven existing, individual real estate loans. Agent for this transacti...
Tuesday, 16. January 2018
Alpha Industrial implements largest project development in years

Alpha Industrial implements largest project development in years

Alpha Industrial has concluded a long-term rental agreement with Robert Bosch GmbH for 40,000 sqm of newly constructed commercial space with an additional renewal option. The new business park is being constructed in Tamm (Ludwigsburg), a community in the Stuttgart region with good transport connections to the A81 motorway. A...
Tuesday, 16. January 2018

Mathias Dreyer strengthens institutional investor services at KanAm Grund

KanAm Grund Group has strengthened its institutional business segment with the recruitment of Mathias Dreyer. The 45-year-old banking specialist has become director in charge of the acquisition of investors and investor services, sales management for banks in Northern Germany and fund raising management at KanAm Grund Institu...
Tuesday, 16. January 2018
Union Investment acquires logistics property in Hanover

Union Investment acquires logistics property in Hanover

Union Investment has acquired a logistics property to the east of Hanover. Situated on Hägenstraße and let on long-term leases, the property consists of a new build and an existing unit and offers total rental space of 28,400 sq m. The new build was completed in summer 2017 and is let to Delticom, an online retailer of tyres,...
Tuesday, 16. January 2018

Silverton and 720° Restructuring & Advisory launch joint venture

The Silverton Group from Frankfurt and Vienna based 720°Restructuring & Advisory, have extended their collaboration with the launch of a new joint venture, Silverton720 Debt Solutions d.o.o., loan servicing company based in Zagreb. Under the leadership of 720°'s owner Stefan Selden, the new business is targeting international...
Tuesday, 16. January 2018

Pbb provides €41 million medium term credit facility to private investor

Pbb Deutsche Pfandbriefbank provided an investment facility of €41.4 million to companies owned by a professional private real estate investor and managed by Amesbury s.r.o. The funds will be used to refinance the Zlicin and Chrastany business parks near Prague. Thereby Pbb extended the maturity of its financing by another fi...
Tuesday, 16. January 2018
Cushman & Wakefield announces promotions in its Office Agency

Cushman & Wakefield announces promotions in its Office Agency

In November 2017 Cushman & Wakefield announced promotions to Associate in EMEA. In Poland, promotions were awarded to four Office Agency specialists: Piotr Capiga, Adam Schroeder, Marcin Siewierski and Paweł Strzemecki, following a rigorous scrutiny of their work performance, expertise and cooperation with clients.
Tuesday, 16. January 2018